Multifamily

Brookings, SD Multifamily Properties for Sale

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Brookings, SD MHC Portfolio
Updated: Feb 2
Brookings, SD MHC Portfolio

410 Medary Ave S, Brookings, SD 57006

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Five MHC properties clustered in and around Brookings, SD.
Clean, well‑managed properties.
All public utilities.
Measurable upside potential through rental rate increases.
Clustered location.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Brookings, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Duplex with Ground-Floor Hair Salon
Duplex with Ground-Floor Hair Salon

524 N Main Ave, Garretson, SD 57030

$113,999
1,414 sqft 0.08 AC lot

Duplex with a leased lower-level hair salon through 2029 and a fully remodeled upper 2 bed/1 bath unit on a new lease.

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Twin Home on Corner Lot
Twin Home on Corner Lot

1625 Northridge Dr, Watertown, SD 57201

$356,000
1,580 sqft 0.08 AC lot

Clean twin home with eat-in kitchen, deck, attached two-car garage, and forced-air natural gas heat.

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Two Mobile Home Communities
Two Mobile Home Communities

210 DOWS ST, Garretson, SD 57030

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1,350 sqft

Two mobile home communities totaling 64 units are served by public utilities, with 85.9% occupancy and mostly tenant-owned homes.

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2015 Duplex Mobile Home
2015 Duplex Mobile Home

415-417 KAMPESKA BOULEVARD, Watertown, SD 57201

$179,900

2015 duplex mobile home with rental income potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Waterfront Land with Boat Lift
Waterfront Land with Boat Lift

21425 Sunset Trail, Lake Preston, SD 57249

$193,800
0.46 AC lot

Lake Thompson lake lot with on-site utilities and a Hewitt boat lift for convenient seasonal boating and fishing.

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Lakeshore Recreation Land Parcel
Lakeshore Recreation Land Parcel

Tripp, Fulda, MN 56131

$124,900
9.30 AC lot

Recreation residential shoreland acreage with gravel access and measured lakeshore for RV or seasonal campground plans.

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Alexandria Lakeshore Property with Rental Opportunity
Alexandria Lakeshore Property with Rental Opportunity

5950 County Road 8 NW, Alexandria, MN 56308

$798,500
15.62 AC lot

Lakeshore property with rental cabins and RV sites near Alexandria.

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Land for Multi-Family Housing
Land for Multi-Family Housing

1610 7th Avenue E, Alexandria, MN 56308

$249,900
2.16 AC lot

2.16 acre lot zoned for multi-family housing development.

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Brookings, SD Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Brookings, SD on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Mobile home & RV parks 1

Demographics Overview

Population 26K
Population Growth (5Y) -9.4%
Median Household Income $64,818
College Educated 83.6%

Taxes & Financing

Tax Rate (average for all types) 1.98%
Property Tax per SF $37.71 per SF
Tax Rate vs County Average 0.03 pp below county avg
Average Loan-to-Value 65.0%

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